Award-winning relocation company PM Relocations secures turnover of INR 100 crores, overcoming pandemic hurdles || PMR

Aakanksha Bhargava - Copy

Mumbai, February 24, 2022: The past year of hard work and toil has shipped its share of benefits to the Gurugram-based award-winning relocation firm PM Relocations (PMR) as the company crossed turnover of INR 100 crores this year. Moreover, the firm is all set to hit the revenue target of INR 150 crores by the next financial year.

PMR is the only Indian relocation company to facilitate domestic relocations, international relocations and also third-country moves (moves where neither the origin or destination country is India). Established as PM Packers & Movers Pvt Ltd in 1986 by Rajeev Bhargava & Rajeev Sharma, the firm was rebranded as PM Relocations Pvt Ltd in 2006 to target the global relocation market. And ever since, the firm has grown over 3000%.

In the last year alone, when the second wave of COVID-19 PMR wreaked havoc, PMR relocated over 5000 families within India, 8000 families overseas and moved over 1,00,000 laptops and desktops to ensure business continuity. Furthermore, the company offered benevolent, pro-bono logistics support to NGOs such as GiveIndia & RHA amidst the pandemic, despite being an MSME.

Going a notch further, PMR presently has been credited to be a ‘Quality’ driven and ‘Value’ centric company that focuses on streamlining the client’s experience. “We grew from 45 employees to 600 + working to simplify moving solutions across the globe,” says Aakanksha Bhargava, CEO of PMR. “Our brand diversification amidst the pandemic helped us soar through the challenging times. This service extension helped us. While we have achieved so much, it is imperative to mention that we are a bootstrapped organisation with no external funding,” she notes.

The organisation’s brand portfolios are PMRGO, PMR Logistics, Relo+, PetGo, Artistics, Baggage+ and Store+. With its diversified brand portfolios and tailormade solutions, they cater to top fortune 500 companies, robust industries, art galleries, embassies and individuals.

PM Relocations has leaped over the roadblocks the pandemic posed and bagged several accolades over the last few years for their commitment and quality of services. Their awards history includes Rise to the Challenge Award won under the Transportation & Logistics sector award category by Weconnect International in 2021, Superior Quality Achievement Award won under the International Transportation Services Category at Graebel’s 2021 Excellence Awards.

Apart from these Aakanksha has won several leadership awards for spearheading PMR over the years starting with ‘Best Woman Leader’ award at the Business Today SME Awards, ‘Woman Entrepreneur of the Year’ at the Franchise India Awards, ‘Women of Worth’ by Outlook Business Magazine, ‘WeInspire’ by WeConnect International and Runner’s Up ‘Lady Transport Personality of the Year’ by Mahindra Transport Excellence Award.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.